Tag Archives: management agreements

STR Making Changes

STR is making changes to the highly regarded and widely used STAR Report.  Those of us who spend time drafting, reviewing, negotiating, and understanding hotel management agreements know that an important element of a management agreement is the Performance Test, and that a critical element of the typical two pronged performance test is the RevPAR … Continue Reading

Difference Between Club and Hotel Management Agreements

Often, a club management agreement reads exactly like a hotel management agreement, with the word “hotel” changed to “club.” This should not be the case. Clubs have unique characteristics that should be considered in drafting a club management agreement. 1. If the club is a member-owned club, it is not a profit-seeking business. As a … Continue Reading
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